Interest Rates
Domestic Term deposits FCNR Deposits Advances EMI Chart

Domestic Term Deposits/ NRO Term Deposits

Interest Rate on Domestic Term Deposits/ NRO Term Deposits
 
Duration For Amount less than Rs. 1.00 crore ( % per annum w.e.f. 22.09.2014) For Amount  Rs. 1 crore to Rs. 5 crore ( % per annum w.e.f. 18.11.2014)
7 to 14 Days 6.50 6.50
15 to 30 Days 6.50 6.50
31 to 45 days 6.50 6.50
46 to 90 days 7.50 7.50
91 days to 180 days 8.00 8.25
181 days to 269 days 8.50 8.25
270 days to 364 days 8.50 8.50
365 days/ One year 9.00 8.75
Above 1 year to 443 days 9.00 8.50
444Days/Mahanidhi 9.01 8.50/N.A.*
445 Days to 665 days 9.00 8.50
666 Days/ Maha Labh
9.02 8.50/N.A.*
667 Days to less than 3 Years 9.00 8.50
3 years/Mahalaximi 9.00 8.50/N.A.*
Over 3 years to 10 years 8.90 8.50
 
*Mahanidhi/Mahalabh/Mahalaxmi are applicable below Rs. 1 crore only.
  • For Deposit above Rs. 5 Crore, please contact our nearest Branch/Zonal Office.
  • Resident Indian Senior Citizens will be offered an additional rate of 0.50% p.a. only for all maturity slabs of 91 days and above for deposits upto Rs. 1 crore only.The additional interest is not applicable to any type of non-resident deposits.
  • The rate of interest on Bank Term Deposits Scheme, 2006 (Tax Saving Scheme for 5 year term deposit) up to investments of `1.00 Lakh only will be 8.90%.
  • In case of premature withdrawal of deposits, interest is payable at the rate applicable to the period for which deposit has been actually held with the Bank.
  • On premature withdrawal of term deposits, for deposits up to 1 year maturity (tenor at the time of opening the account) there will NO PENALTY on the applicable interest rate. Interest rates on prematurely withdrawn term deposits with maturity period more than 1 year will be 1% below the applicable rate.
  • Deposits to be accepted for a maximum period of 10 years.
  • All rates are subject to change from time to time.